Igloo

Igloo

Whether you are a global company looking to create and use financial models worldwide or a smaller operation that wants the benefits of models without impractical time and staffing commitments, Igloo offers the flexibility and control to meet your business needs.

Igloo helps you:

Assess the overall risk profile (e.g., profit distribution)

Calculate regulatory and economic capital requirements

Set business plans and strategy

Set performance targets (e.g., allocation of capital)

Assess reinsurance requirements and pricing

Determine asset strategies

Price business at the portfolio or individual contract level

Determine suitable capital structures

Optimize portfolios

Igloo is available in five editions, which are designed to meet varying organizational and budget requirements with an easy upgrade path:

Igloo Compact Edition (ICE) is the entry-level product for companies getting started with modeling.

Igloo Express is designed for users who do not need access to underlying model detail.

Igloo users can quickly start to see how decisions impact wider business risk and can use model outputs to promote a broad understanding of risk within the business. Towers Watson's actuarial and modeling experts provide as much support as you require throughout the build phase and as you develop your use of Igloo.

To help clients develop models quickly, Igloo comes with a range of built-in library modules:

Economic scenario generation

Claim modeling, including parameterization

Reinsurance contract modeling and pricing

Reserving, including ranges

Business planning

Financial reporting

Capital setting and allocation

Igloo Standard Formula

Europe Internal Models Library

Igloo U.S. Modeling Application

Igloo is one of the insurance industry's leading modeling platforms, and is noted for its transparency and scalability. The Igloo platform can enable a more risk-conscious business culture by providing the technical analysis to support strategic planning and management.

MathPlayer

About Design Science, Inc.

Design Science offers a range of software products for working with math and science that are used by educators, scientists, engineers, publishing professionals and professional web developers. Design Science has played a leading role in developing MathML.